REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,522 (target)

8197 Irish Rd, Millington, MI 48746

3 beds • 4 baths • 4318 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.03% first-year return on $103k initial cash invested.

-9.03%

Cash On Cash

3.85%

Cap Rate

0.66

DSCR

$2,522

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,780

Closing costs

1%

$4,039

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$3,296

Mortgage P&I

78%

$1,970

Property Taxes

10%

$258

Home Insurance

8%

$210

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis